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CHINA EXPANSIONARY BUDGET
'Absolutely critical' to boost growth in Europe: IMF officialTo keep pace with the United States, Europe must invigorate its economy and enhance productivity. The IMF recommends a strategic reallocati...- Beijing misreads the budget Tea LeavesChina's budget aims to boost the economy with an annual growth target of 5%, but does little to bolster household consumption weakened by p...
- Can Trump fix it? Sensex jumps 900 points on market turnaround hopesSensex: The slogan "Trump will fix it" is gaining traction on Dalal Street, with the Sensex rising over 900 points after Trump’s projected ...
- China's economic woes embolden calls for deeper reformsChina's economic slowdown has sparked a debate among government advisers over the best course of action. Some advisers are advocating for m...
- Poll: Coronavirus to push China's Q1 GDP into first decline on recordThe coronavirus health crisis likely knocked China's economy into its first decline since at least 1992 in the first quarter, raising the h...
- Xi Jinping has $3.65 trillion fiscal war chest to counter Trump tariffsCentral and local authorities in China have at least $3.65 trillion unspent in their budgets this year.
- RBI’s money policy: Should a monetary expansion follow fiscal expansion?Since the last policy, domestic and global economic outlook has further deteriorated.
- Gold prices hold steady amid weaker dollarUS gold futures were down 0.2 per cent at $1,226.1 per ounce.
- Global growth heading towards fragile soft landing: OECDThe global growth slowdown would be worst in non-OECD countries.
- Sensex drops nearly 500 points, Nifty50 tests 10,300; RIL tanks 5%Data showed China’s economy grew 6.5 per cent in September quarter.
- Dollar rises on firmer US yields; yuan strugglesThe euro gained marginally to 1.1581, post a seven-week low of 1.1429 hit last Tuesday.
- Gold hovers near 2-1/2 month high as investors seek safe haven refugeUS gold futures were up 0.1 per cent at $1,231.20 an ounce.
- China sets growth target of 6.5% as debt crackdown continuesStocks in mainland China are trading flat in the wake of the announcement.
- Dalal Street faces both domestic and global headwinds ahead; China can shock and aweDemonetisation is analogous to planting seeds of growth, which will start bearing fruits in the distant future and will change the course o...
- China announces multiple fiscal policies to boost growthChina announced proactive fiscal policies aimed at stabilising growth as it grappled with industrial overcapacity, sluggish demand.
- China's fiscal deficit to be 2.7% of GDP, widest since 2009The Chinese government will pursue an expansionary fiscal policy to prevent its economy from stalling and win back a waning investor confid...
- Jagdish Bhagwati optimistic about India's economic growthIndia will not carry any clout at the international level if it falls behind in economic growth, he said.
- Spending cuts by trimming subsidies will spur growth in India, but same won’t work in EUThe economic environment in which the US and EU have been in since 2010-11 is fundamentally different from that in India.
- US should cut budget deficit: BernankeFed chief's comments were aimed at reducing global imbalances, and echo pledges made by leaders of G20 nations at Pittsburgh summit. Ben Be...
- Govt sees GDP growth at 7% in FY10The government is likely to retain its GDP growth projection of 7% for 2009-10 as it expects a sharp recovery in the second half of the fis...
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